Monday, January 25, 2021

Monday Finance - Joe Biden in push for US$1.9 trillion rescue package for struggling US economy; inflation to tip higher but still subdued

Joe Biden's ascension to the US presidency has been welcomed by global investors who are betting on greater certainty and stability that was missing in the Donald Trump era. 

Shane Oliver, chief economist at AMP Capital Investors, says Mr Biden is also likely to ease trade tensions with China which in turn could help Australia in its own bitter trade feud with China. 

Gareth Aird, head of Australian economic at the Commonwealth Bank discusses the latest official inflation figures due on Wednesday.

Here's my analysis with Fran Kelly this morning on RN Breakfast.

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